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Cafe Coffee Day appoints Malavika Hegde as CEO

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NEW DELHI: Coffee Day Enterprises has appointed Malavika Hegde as CEO of the company. She has been the non-executive director of the organisation and will assume the new role starting 7 December.

The company announced the development in a BSE filing.

Hegde is former Karnataka chief minister S M Krishna's daughter and the wife of late V G Siddhartha, the Cafe Coffee Day founder and CEO who died due to drowning in 2019.

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Siddhartha, who was dubbed the coffee baron of India, was widely recognised for having brought the coffee shop culture to a largely tea-loving country. However, the success story of Cafe Coffee Day came to an ignominious turning point when the founder plunged to his death in the Nethravathi river in an apparent suicide, raising speculations that the company was in dire financial straits.

Cafe Coffee Day runs hundreds of coffee shops across India that brew cappuccinos and lattes for Indians. It was launched in 1996 and is present in over 200 plus cities. It competes with big players such as Starbucks Corp, Barista, Costa Coffee and others.

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MAM

Adidas Originals unveils India co-created Superstar with Ranveer

Tiger-inspired limited edition marks brand’s first India-led sneaker design

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MUMBAI: From stripes on the field to stripes on sneakers, Ranveer Singh is leaving his mark this time in black and white. Adidas Originals has launched its first India co-created sneaker in collaboration with Ranveer Singh, signalling a sharper push towards localisation as India’s sneaker culture continues to gain ground. The limited-edition drop reworks the iconic Superstar silhouette through Singh’s personal aesthetic, drawing heavily from the Royal Bengal Tiger his self-described spirit animal. The design blends bold black-and-white tones with tiger-inspired detailing across the signature three stripes, alongside a bespoke Ranveer Singh insignia and jewel-like accents that add texture and visual punch.

Positioned as the brand’s first hyperlocal expression from India, the release reflects a broader strategy, take a globally recognised icon and reinterpret it through regional identity.

The campaign mirrors that idea. Set in an urban jungle, it explores themes of instinct, individuality and duality aligning both with the symbolism of the tiger and the long-standing ethos of originality tied to the Superstar line.

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Adidas India senior brand director Bhawna Sikka described the drop as a milestone moment, noting that it reinforces India’s growing influence in shaping global sneaker narratives. The collaboration also builds on a decade-long association between the brand and Singh.

For Singh, the project carries a personal arc from wearing Superstars in college to co-creating one. The design, he said, reflects a belief in embracing one’s raw, instinctive identity.

With this launch, adidas Originals isn’t just releasing another sneaker, it’s testing how far local storytelling can travel on a global sole.

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